Making an Impact for Ohio - JobsOhio | Business …...JobsOhio Metrics 2015 2016 2017 Total Projects...

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Making an Impact for Ohio

Transcript of Making an Impact for Ohio - JobsOhio | Business …...JobsOhio Metrics 2015 2016 2017 Total Projects...

Page 1: Making an Impact for Ohio - JobsOhio | Business …...JobsOhio Metrics 2015 2016 2017 Total Projects 330 284 272 New Jobs 23,602 20,603 22,788 New Jobs Payroll $1.1 Billion $994 Million

Making an Impact for Ohio

Page 2: Making an Impact for Ohio - JobsOhio | Business …...JobsOhio Metrics 2015 2016 2017 Total Projects 330 284 272 New Jobs 23,602 20,603 22,788 New Jobs Payroll $1.1 Billion $994 Million

2011 2017Forbes 38 14

Chief Executive 41 11

Site Selection 9 4

About JobsOhioEconomic development is about creating a place where companies can thrive and individuals can enjoy a higher standard of living. JobsOhio plays a leading role in economic development and serves as a catalyst to accelerate growth by investing in communities, helping Ohio’s businesses expand and attracting new companies to the state – all contributing to job creation, greater payrolls and more investment.Making a difference is a core value for JobsOhio. Our strategies and programs are designed to improve the lives of Ohioans and strengthen the communities where they live. In partnership with our state and local partners, JobsOhio has redefined economic development and epitomizes a model that others are trying to emulate across the country and around the globe.

JobsOhio's Model is WorkingSince inception, JobsOhio and our regional partners have assisted companies who committed to create nearly 140,000 new jobs, retain more than 415,000 existing jobs and invest over $38.2 billion of new capital in Ohio. As a result, Ohio has also seen a significant increase in key rankings.

Best State for Business

2018 Strategic InitiativesSiteOhio Authentication Program: Designed to provide communities with valuable perspective on competitive sites from the client's point of view. Customized analysis of strengths and weaknesses and gap analysis of existing properties.

Research & Development Center Grant Program: Establish more R&D Centers and attract more talent in Ohio.

Redevelopment Program: Increase Ohio’s inventory of best-in-class sites.

Ohio Talent Acquisition Service: Array of customized talent services that focus on talent attraction and sourcing, new hire prescreening, and skill-based training for businesses expanding in or locating to Ohio.

Cross-Sector Strategies: JobsOhio continues to promote “horizontal thinking” across sectors, functions, and Regional Partners (Smart Mobility, Carbon Fiber, Fintech, Healthtech, Internet of Things)

JobsOhio ProgramsEconomic Development GrantGrowth FundResearch and Development Center GrantRevitalization ProgramWorkforce Grant

State of Ohio ProgramsJob Creation Tax CreditData Center Tax AbatementLoan and Bond Funds629 Road Work Grant

Page 3: Making an Impact for Ohio - JobsOhio | Business …...JobsOhio Metrics 2015 2016 2017 Total Projects 330 284 272 New Jobs 23,602 20,603 22,788 New Jobs Payroll $1.1 Billion $994 Million

JobsOhio Metrics 2015 2016 2017Total Projects 330 284 272

New Jobs 23,602 20,603 22,788

New Jobs Payroll $1.1 Billion $994 Million $1.1 Billion

Retained Jobs 54,233 76,773 67,849

Retained Payroll $3.1 Billion $4.3 Billion $4.7 Billion

Capital Investments $6.7 Billion $4.6 Billion $9.6 Billion

FundingJobsOhio’s funding model is unlike the funding model for any economic development organization in the country in that absolutely no tax dollars or other public dollars are used to support it. JobsOhio is a private nonprofit corporation wholly funded by an independent private source – the profits from the JobsOhio Beverage System (JOBS) liquor enterprise. JOBS liquor profits provide a stable funding source for economic development in Ohio, and JobsOhio has proved its effectiveness in using these funds and making smart investments to fulfill its mission. Also, this allows JobsOhio to utilize a longer-term horizon for funding economic development activities, giving JobsOhio a competitive advantage over other state development organizations.

Transparency and AccountabilityThe JobsOhio team and our board of directors are dedicated to the success of Ohio and the companies who invest in the state. To fulfill our mission of increasing capital investment and driving job growth, we hold ourselves to the highest standards of accountability, transparency, ethical conduct and responsible business practices. JobsOhio program dollars offered in executed economic development agreements are posted monthly on the JobsOhio website, providing a complete public reporting of how JobsOhio is spending its private dollars on efforts to attract and retain jobs.JobsOhio has been recognized with GuideStar’s Platinum Seal of Transparency for 2018, the highest level of transparency recognized by GuideStar. JobsOhio received the distinction after its first submission. GuideStar is the nation’s premier nonprofit database, founded to promote nonprofit transparency and to provide a central repository of information on more than 1.8 million IRS-recognized nonprofit organizations.

Page 4: Making an Impact for Ohio - JobsOhio | Business …...JobsOhio Metrics 2015 2016 2017 Total Projects 330 284 272 New Jobs 23,602 20,603 22,788 New Jobs Payroll $1.1 Billion $994 Million

To learn about the partnerships and resources available in Ohio, visit JobsOhio.com or reach out to our team:

A Collaborative NetworkJobsOhio MissionJobsOhio is a private nonprofit corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion efforts.

One Mission, One StateJobsOhio and six regional economic development organizations work together with local elected and non-elected economic development officials to identify business solutions that lead to new investments in Ohio’s communities. Together, these state, regional and local partners drive economic development throughout Ohio.

41 S. High Street, Suite 1500, Columbus, OH 43215 | JobsOhio.com | ©2018 JobsOhio. All rights reserved.

Glenda Bumgarner, Ph.D. Senior Director

External [email protected]

1.614.302.2922

Tyler Yaple Manager

Government [email protected]

1.614.368.9525